Saturday, March 17, 2012

Egypt: The informal economy

Egypt’s informal economy, or all unlicensed and unregistered capital and real estate, constitutes at least 34 percent of GDP, serving as a security buffer during harsh times.

This sector is important for the economic cycle, forming an inverse relationship with the formal economy
© Daily NewsEgypt 2011

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Source: http://www.albawaba.com/informal-economy-egypt-417112

Christina Aguilera BBC Egypt Energy industry Sevilla Doctor Who

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